JLR FY25 Revenue: £29.0 billion, the highest profit in a decade
Land Rover Sales Contribution: Approximately 81% of total JLR vehicle sales
Range Rover Electric Waiting List: Over 61,000 customers globally
Tata Motors Acquisition: Purchased Land Rover and Jaguar for $2.3 billion in 2008
Land Rover is owned by Tata Motors, an Indian multinational automotive company, through its subsidiary Jaguar Land Rover (JLR). Tata Motors acquired both Land Rover and Jaguar from Ford Motor Company in June 2008.
The British luxury SUV manufacturer continues to operate from its headquarters in Gaydon, Warwickshire, England. JLR delivered record financial results in FY25, with profit before tax reaching £2.5 billion. The company is currently executing its Reimagine strategy, focusing on electrification and sustainable luxury. Range Rover Electric is set for launch with substantial customer interest, while the Defender OCTA represents the most powerful variant in the lineup. PB Balaji took over as CEO in November 2025, becoming the first Indian executive to lead JLR since its acquisition.
Who Owns Land Rover?
Land Rover operates as a brand under Jaguar Land Rover Automotive PLC, which is wholly owned by Tata Motors Limited. This ownership structure places Land Rover within the broader Tata Group, one of India’s largest conglomerates.
Tata Motors as the Parent Company
Tata Motors maintains complete control over JLR’s strategic direction and major business decisions. The acquisition transformed Tata Motors into a global automotive player with presence in the premium vehicle segment.
JLR’s Corporate Structure
JLR manages four distinct brands: Range Rover, Defender, Discovery, and Jaguar. Each brand operates with its own identity and market positioning. Land Rover encompasses the Range Rover, Defender, and Discovery nameplates, contributing the majority of JLR’s revenue and vehicle sales.
The company’s registered office remains in England, maintaining its British heritage while benefiting from Tata’s global resources and manufacturing capabilities.
Largest Shareholders of Land Rover’s Parent Company
Since Land Rover is part of a wholly-owned subsidiary, understanding its ownership requires examining Tata Motors’ shareholder structure. Tata Motors is publicly traded on Indian stock exchanges with a diverse investor base.
Tata Sons Private Limited
Tata Sons holds approximately 46.4% of Tata Motors, serving as the promoter and controlling shareholder. This holding company controls strategic decisions and board appointments across the Tata Group. Their dominant stake ensures alignment between JLR’s direction and Tata’s long-term corporate vision.
Institutional Investors
Life Insurance Corporation of India (LIC) maintains around 3.7% ownership as a major public institutional investor. SBI Mutual Fund holds approximately 2.9%, while HDFC Mutual Fund owns about 1.5%. These domestic institutions provide stable, long-term investment support.
Foreign Institutional Investors
International fund managers have significant positions in Tata Motors. Vanguard Group holds roughly 1.5% through its emerging markets portfolios. BlackRock Inc. maintains approximately 1.2% as part of its global index funds. Capital Group Companies and Norway’s Government Pension Fund Global also hold smaller stakes.
Tata Motors Major Shareholders
Retail Shareholders
Individual investors collectively own between 13% and 14% of Tata Motors shares. While they lack direct governance influence, retail shareholders contribute market liquidity and reflect public confidence in the company’s performance.
History of Land Rover and Its Co-Founders
Land Rover traces its origins to 1948 when Maurice Wilks, chief designer at the Rover Company, developed the first prototype. The vehicle drew inspiration from American military Jeeps used during World War II.
Maurice Wilks and Spencer Wilks
Maurice Wilks created the initial Land Rover concept on his Welsh farm, sketching designs in the sand. His brother Spencer Wilks served as managing director of Rover and approved the project for production. The brothers envisioned a utilitarian vehicle for agricultural and light industrial use.
Ownership Changes Through the Decades
Land Rover became part of British Leyland in 1967 before transitioning through several owners. BMW Group acquired the brand in 1994 as part of the Rover Group purchase. However, BMW sold Land Rover to Ford Motor Company in 2000, retaining only the Mini brand.
Ford combined Land Rover with Jaguar under its Premier Automotive Group alongside Aston Martin and Volvo. Financial pressures during the 2008 economic crisis prompted Ford to sell both brands to Tata Motors, marking a significant shift in Land Rover’s ownership history.
Who Is on the Board of Directors for Land Rover?
JLR’s board combines Tata Group leadership with experienced automotive executives. The structure ensures strategic alignment while maintaining operational independence for the British manufacturer.
Chairman and Executive Leadership
Natarajan Chandrasekaran serves as Chairman, bringing extensive experience from his role as Chairman of Tata Sons. PB Balaji assumed the position of Chief Executive Officer in November 2025, succeeding Adrian Mardell who retired after 35 years with the company (JLR Media Newsroom). Balaji previously served as Group CFO of Tata Motors since 2017.
Non-Executive Directors
Prof Sir Ralf Speth holds the position of Vice Chairman after leading JLR as CEO from 2010 to 2020. His decade of leadership delivered global expansion and new model development. Hanne Sørensen, Charles Nichols, and Al-Noor Ramji serve as independent non-executive directors, providing governance oversight and strategic guidance.
Operational Executives
Richard Molyneux serves as Chief Financial Officer, managing JLR’s financial strategy during its transformation phase. Prof Gerry McGovern OBE continues as Chief Creative Officer, responsible for the design direction across all brands. Lennard Hoornik leads commercial operations as Chief Commercial Officer, overseeing global sales and marketing initiatives.
The executive team includes specialists in manufacturing, sustainability, and regional markets. Nigel Blenkinsop oversees industrial operations, while Andrea Debbane directs sustainability efforts aligned with JLR’s carbon net zero commitment by 2039. Qing Pan leads JLR’s operations in China, a crucial market for luxury vehicle sales.
This leadership structure positions Land Rover to compete effectively against rivals like Mercedes-Benz and Bentley in the premium SUV segment.
FAQs
Is Land Rover still a British company?
Land Rover maintains its British heritage with headquarters in England and UK manufacturing facilities. However, ownership rests with Indian conglomerate Tata Motors since 2008.
When did Tata Motors acquire Land Rover?
Tata Motors purchased Land Rover along with Jaguar from Ford Motor Company in June 2008 for approximately $2.3 billion.
Does Ford still own Land Rover?
No, Ford sold Land Rover to Tata Motors in 2008. Ford had owned the brand since purchasing it from BMW in 2000.
What is the difference between Land Rover and Range Rover?
Range Rover is a premium sub-brand under Land Rover. Land Rover encompasses Range Rover, Defender, and Discovery vehicle lines.
Who is the current CEO of Jaguar Land Rover?
PB Balaji became CEO of JLR in November 2025, succeeding Adrian Mardell. Balaji previously served as Tata Motors Group CFO.
